Скачать или смотреть Harmonization of Cross-Border Payment Policies and Regulations in IGAD: Insights from South Sudan

[This is a webinar recording from 22 November 2023.]

Harmonization of Cross-Border Payment Policies and Regulations in the IGAD region: Insights from South Sudan

The Intergovernmental Authority on Development (IGAD) Secretariat and the United Nations Capital Development Fund (UNCDF) are undertaking a project on regional harmonization of remittance policies in the IGAD region. The main objective of this project is to elaborate a conducive gender-responsive policy and regulatory framework and supporting infrastructure to facilitate affordable and accessible cross-border remittances—to help drive remittance costs down and increase flows through formal channels. Harmonized policies form anchors upon which legal and regulatory frameworks can be developed to guide and oversee markets for the ultimate benefit of vulnerable people, while also promoting trade and enterprise. Such policies must promote common interests and address common challenges to ease adoption and implementation at regional and national levels. The project is assessing policy and regulatory regimes to identify possible convergence in areas such as licensing and authorization, prudential supervision, anti-money laundering and combating the financing of terrorism (AML/CFT) laws and regulations, consumer protection, complaints resolution mechanisms and transparency, and disclosures and foreign exchange regimes.

This webinar disseminated the findings of the remittance policy diagnostic assessment for South Sudan, with a focus on the overall remittance landscape in the country, key findings as per the regulatory assessment under the defined convergence criteria, and recommendations in the country diagnostic reports. The webinar featured panelists from across the project team, and the key stakeholders in the remittance space from South Sudan.
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